Planned community definition

Planned community means a common interest community that is not a condominium or a cooperative. A condominium or cooperative may be part of a planned community.

Planned community means a common interest community that is not a

Planned community means real estate with respect to which any person, by virtue of that person's ownership of a lot, is expressly obligated by a declaration to pay real property taxes, insurance premiums, or other expenses to maintain, improve, or benefit other lots or other real estate described in the declaration. For purposes of this act, neither a cooperative nor a condominium is a planned community, but real estate comprising a condominium or cooperative may be part of a planned community. "Ownership of a lot" does not include holding a leasehold interest of less that [than] 20 years in a lot, including renewal options.

Examples of Planned community in a sentence

• Planned community meetings and engagement activities will be held within the city limits with assistance from project partners.

• Planned community involvement is scheduled regularly to involve residents with community activities related to normal daily living skills, recreation, social gatherings, and education.

• The committee plans to host these events on a regular basis in 2021, either virtually or in-person.● Planned community outreach at district community meetings, which had to be postponed due to COVID-19.

• Planned community meetings will be held over seven meetings throughout the area during the course of the grant.

• The Master Planned community sits on approximately 191 acres between Keller Avenue and Mountain Boulevard and consists of 918 residences, 72,000 square feet of neighborhood commercial, 14,000 square feet of civic/commercial use.

More Definitions of Planned community

Planned community means a common interest community that

Planned community means a common interest

Planned community means a planned community of

Planned community means real estate with respect to which any person, by virtue of that person's ownership of a lot, is expressly obligated by a declaration to pay real property taxes, insurance premiums, or other expenses to maintain, improve, or benefit other lots or other real estate described in the declaration. For purposes of this act, neither a cooperative nor a condominium is a planned community, but real estate comprising a condominium or cooperative may be

Planned community means any subdivision under ORS 92.010 to 92.192 that results in a pattern of ownership of real property and all the buildings, improvements and rights located on or belonging to the real property, in which the owners collectively are responsible for the maintenance, operation, insurance or other expenses relating to any property within the planned community, including common property, if any, or for the exterior maintenance of any property that is individually owned.

Planned community means a community comprised of individual lots for which a deed, common plan, or declaration requires any of the following:

Planned community means a real estate development that includes real estate owned and operated by or real estate on which an easement to maintain roadways or a covenant to maintain roadways is held by a nonprofit corporation or unincorporated association of owners, that is created for the purpose of managing, maintaining or improving the property and in which the declaration expressly states both that the owners of separately owned lots, parcels or units are mandatory members and that the owners are required to pay assessments to the association for these purposes. Planned community does not include any of the following: